Jordan Futch
Winning strategies for Southern CA in 2023
I just have a question for anyone active in SoCal; Are there any areas in southern/ central California where long term rentals cashflow, or is that impossible now with today's interest rates? Most of the deals I see t...
Jack Jones
Short Sale Question
Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
Michael B.
Help Me Understand Foreclosures (Example Included)
Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...
Brian Gibbons
Tips from Brian Gibbons re: Creative Financing
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Aaron Ray
How to Work a Full-Time Job and Start Investing
So, I really want to get involved in real estate investing, preferably buy and holds, but I love my job. What are some things I can do to, at minimum, start getting my foot in the door? I just graduated college this p...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Jeremy K.
Is this a bad idea?...
I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...
Eve W.
Motivated seller, how to structure this subject to deal?
I have a motivated seller which I need help to structure the deal. Her husband who is the main bread provider passed away in May and she has been struggling to keep up with the house payment.
The house was bu...
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
I have an investment property that I bought as my primary home awhile back in Bend, OR. I have $180K on the mortgage and since I bought pre-pandemic, the property has accrued a good amount of equity (I could likely se...
Dean I.
Offsetting Flipping Taxes with Passive Rental Income?
So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actuall...